What are the Career Opportunities and Jobs after MBA?

An MBA is a postgraduate-level qualification in the fields of Business and Management. Finance, sales, marketing, human resources, operations management, etc., are common focus areas for MBA students.

Potential employment is the primary concern of those considering an MBA. Aspirants have always been interested in careers available after completing an MBA programme. The following discussion of MBA career paths will help you better appreciate the importance of MBA concentrations in terms of employment prospects in certain fields.

Why Should You Choose an MBA Programme?

Regarding post-secondary education in India, the GMAC Global Survey found that "MBA is the most popular choice."

• The Times of India found that the employment rate for MBA graduates was 54%, the highest of any professional degree.
• Currently, around 14,000 job postings are available on monsterindia.com and over 58,000 on naukri.com.
• In India, an MBA may earn anywhere from INR 7 LPA to INR 12 LPA per year, depending on your field of study.
• According to the US and World News Report, "hot jobs" include Business Operations Management, Marketing Manager, Operations Research Analyst, and Management Analyst.

Top Careers In MBA:

AIMS reports that MBAs are especially in demand in the banking, finance, consulting, marketing, manufacturing, and technology sectors. Here is a list of some of the most sought-after job descriptions:

• Marketing Manager:

Managers in the marketing department are in charge of planning and executing promotional initiatives to increase brand recognition and consumer demand. A marketing manager may expect to earn an average of INR 7.4 LPA per year.

• Manager of Finances:

Cash and investment management, financial transactions, data analysis, and advising upper management on maximising profits are all tasks that fall within the purview of a company's financial manager. The typical compensation for a financial manager in India is INR 13 LPA per year.

• Investment Banker:

Financial advisors and investment banker managers handle client funds and offer expert guidance. They provide their expertise to established businesses, fledgling enterprises, and governments. Their average annual pay is INR 4.5 LPA, ranging from INR 2 LPA to INR 40 LPA.

• Chief Technology Officer:

The CTO is responsible for leading the company's technological efforts, including R&D and other tasks needing strategic technical insight. THE CTO oversees the IT department and the company's technology planning, execution, management, and assessment. CTOs typically earn a salary of INR 31 LPA per year.

• Information Technology Director:

In India, an IT director can expect to make around INR 41 LPA yearly. For a company, this individual serves as the "CTO," or chief technology officer, and is therefore accountable for overseeing all IT and comms-related operations.

• Manager of Products:

A Product Manager is responsible for bringing a product to life by determining what consumers want and then communicating those desires to the product's development teams in engineering and design. Consumer items, corporate innovations, software platforms, etc., all owe a debt of gratitude to these innovators. The typical pay is about INR 16.3 LPA per year.

• Health Services Manager:

Managers in the healthcare industry are in great demand because of the increasing complexity of public health initiatives, medical research, and pharmaceutical and medical device production. Responsibility for nursing, finances, patient records, outpatient clinics, and medical practices is central to their work. In India, a Health Services Manager can expect to earn a salary of around INR 4.5 LPA per year.

• Entrepreneurship Manager:

 A business manager, an entrepreneurship manager, oversees and directs a company's operations and workforce to achieve maximum efficiency and production. An Entrepreneurship Manager may expect to earn an average of INR 9 LPA per year.

• Human Resource Manager:

Managers in the HR department are in charge of finding, interviewing, and ultimately employing new employees. They act as a bridge between the company's management and staff and advise top executives on strategic planning. Human resources managers typically earn a salary of INR 7 LPA per year.